There was 0.02% retraction in Brazilian economic activity in May as against April, according to a Central Bank of Brazil index. There were also reductions in January and March.

Production should grow 1.7% a year over the next decade, against 2.6% over the last 10 years. Food prices should remain at a high level, according to a FAO and OECD report.

The Syrian poet released book ‘Poemas’ in Brazil through Companhia das Letras publishing house. In São Paulo, he spoke about his three births, in the three places he lived, and about the Arab Spring.

Foreign sales from the country reached US$ 5.36 billion last week. Daily average figures were up 1.2% as against July 2011 and up 10.8% as against June 2012.

Importers from the Middle East attending business matchmaking rounds at the Arab Brazilian Chamber want to meet food exporters. An Emirati group will set up an office in Brazil.